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klio [65]
3 years ago
11

The production possibilities frontier shows the ________ combinations of two products that may be produced in a particular time

period with available resources.
a) maximum attainable
b) equitable
c) minimum attainable
Business
1 answer:
maxonik [38]3 years ago
5 0

Answer:

Option (a) is correct.

Explanation:

The production possibility frontier curve is a graphical representation of all the points or combination of two commodities that an economy can produce with the limited or available resources.

All the points on the PPF curve shows the best combination of two goods, all the points below that curve shows that resources are not fully utilized and all the points above that curve shows that allocations are not achievable.

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Markup represents an amount needed to cover operating expenses. <br> a. True<br> b. False
Illusion [34]
Operating expenses are taken from the normal business operation such as administrative or selling expense. It is part of the operating cost. Markup is defined as the amount added to the cost of goods to fix a selling price. So, to answer the question above: True.
8 0
3 years ago
Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost($) Employee Hours January 9,29
Ierofanga [76]

Answer:

1. $2,296

2. $19.58

3. Total labor cost = Fixed cost + (variable cost × employee hour)

Explanation:

The computations are shown below:

1. The fixed cost would be

= High labor cost - (High employee hours × Variable rate per hour)

= $10,324  - (410 hours × $19.58)

= $10,324 - $8,028

= $2,296

2. Variable rate per hour = (High labor cost - low labor cost) ÷ (High employee hours - low employee hours)

= ($10,324 - $6,800) ÷ (410 hours - 230 hours)

= $3,524 ÷ 180 hours

= $19.58

3. The cost formula would be

Total labor cost = Fixed cost + (variable cost × employee hour)

                          = $2,296 + ($19.58 × employee hour)

5 0
3 years ago
Does anybody now how to do math just commect if you can
Pepsi [2]

Answer:

Yes Yes I do what grade though? and type

Explanation:

3 0
3 years ago
Read 2 more answers
When a purchase order is released, a commitment is made by a governmental unit to buy a computer to be manufactured to specifica
Vladimir79 [104]

Answer: Encumbrance

Explanation:  The commitment made by a governmental unit to buy some product for use in administration is recorded in the general fund as an encumbrance which is defined as an interest, right, burden or liability that must be carried. As such, an encumbrance ensures that there will be enough funds available for the payment of certain governmental obligations and commonly refers to restricted funds in the general fund account.

8 0
3 years ago
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Which term can be defined as the net income that a firm reinvests in itself?
KengaRu [80]

Answer:

retention ratio

Explanation:

Retention ration is the portion of net income retained by a firm to grow its business rather than being declared and paid as dividened.

When a company makes profit at the end of financial period, the company can either retain part of its earning for business expansion, declare part as dividends paid to shareholder or combine both.

Where a firm now reinvest the portion of the profit earned in itself, it is called retention ratio.

6 0
2 years ago
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